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Turkmenistan State Commodity Exchange: International deals top $54.4 million in two days

09 Apr. 05:16

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During the trading sessions held on April 7–8 at the State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET), foreign entrepreneurs concluded transactions totaling over 54.4 million US dollars. The high volume of trade underscores the strong international demand for Turkmenistan's petrochemical, agricultural, and textile products among global business circles.

On Tuesday, April 7, export operations were dominated by energy and food sectors. Businesses from Afghanistan purchased a significant volume of ECO-93 gasoline from the "Turkmenhimiya" State Concern, valued for its high environmental standards. Simultaneously, traders from the United Arab Emirates finalized deals for top-grade wheat flour, highlighting Turkmenistan's growing role in regional food supply chains. On the domestic front, local businesses invested 15.4 million manats in textile products.

On Wednesday, April 8, the focus of the international buyers shifted to the textile industry. Entrepreneurs from Turkey and Azerbaijan secured contracts for the purchase of cotton yarn from local manufacturers. The second day concluded with two international deals valued at over 273,000 US dollars. The consistent interest from regional textile hubs like Turkey and Azerbaijan demonstrates the competitive quality and pricing of Turkmen cotton goods.

The outcome of these two days reflects the successful diversification of Turkmenistan's export strategy. By attracting buyers from diverse markets—including Afghanistan, the UAE, Turkey, and Azerbaijan—the exchange continues to serve as a vital platform for integrating the national economy into the global trade system, showcasing the high potential of the country's industrial and chemical sectors.

















Two-Time Lottery Winner Donates Prize Money to Children in Need

23 Aug. 15:28

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North Carolina resident Christian Breton has secured a major lottery payout for the second time. According to Lottery Post, he has decided to donate a portion of his winnings to support school-aged children from low-income families in his local community.

After purchasing a $30 "$100,000 Cash Payday" scratch-off ticket, Breton claimed the $100,000 top prize, taking home $72,000 after taxes. This marks his second major win, following a $2 million prize in August 2024. Breton shared that while his previous winnings went toward helping his mother, his goal this time is to give back to the community by supporting families in need.